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Dec 11, 2012
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out front next, 22 days away from the fiscal cliff, the president is taking his plan on the road. one of our guests says mr. obama is overplaying his hand. >>> and radio prank is blamed for a suicide. two deejays behind the host speak out for the first time. s out for the first time. o speak out for the first time. a speak out for the first time. x speak out for the first time. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ and the next great idea could be yours. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q
out front next, 22 days away from the fiscal cliff, the president is taking his plan on the road. one of our guests says mr. obama is overplaying his hand. >>> and radio prank is blamed for a suicide. two deejays behind the host speak out for the first time. s out for the first time. o speak out for the first time. a speak out for the first time. x speak out for the first time. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult...
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Dec 28, 2012
12/12
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the fiscal cliff isn't the only potential cliff. thousands of dockworkers from maine to texas could go on strike within days if they can't reach a deal with major shipping companies. these workers move all kinds of goods from the nation's ports to the stores. >> from your mom to ppop retail toto trucking companies to your farmers. this will be felt nationwide. everyone relies on these ports to move commerce. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo are every month. >>> patrick dempsey is doing his part to necessitate the economy. is he part of a group that is trying to save about 500 jobs by buying tully's coffee shop chain. >>> spy games. americans and north americanme . one move caught the u.s. completely off guard. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need
the fiscal cliff isn't the only potential cliff. thousands of dockworkers from maine to texas could go on strike within days if they can't reach a deal with major shipping companies. these workers move all kinds of goods from the nation's ports to the stores. >> from your mom to ppop retail toto trucking companies to your farmers. this will be felt nationwide. everyone relies on these ports to move commerce. >> one port official says east and gulf coast ports handle about $55...
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Dec 5, 2012
12/12
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and washington is playing fiscal with the fiscal cliff. -- playing chicken with the fiscal cliff. this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here. >> it's time now to sit across the table from one another, rather than -- in the way they did with ronald reagan and the way you get things done in washington. >> the way they did with ronald reagan and get things done in washington. you sit together and figure it out. they were at a holiday party they didn't talk to each other. they're issuing sort of statements and rebuttals and saying i'm not going to budge. >> negotiation by press release. this is not how things get done in washington and part of
and washington is playing fiscal with the fiscal cliff. -- playing chicken with the fiscal cliff. this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan...
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Dec 11, 2012
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with just 22 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk about talking between the president and the house speaker. apparently, these talks are behind closed doors because they're talking over or at or something not good at each other. here is president obama today in detroit on his plan to raise taxes on families making more than $250,000 a year. >> that's a principle i won't compromise on because i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax breaks. >> is the tough talk road show working for the president tonight? ben labolt is a former press secretary for the obama campaign. he had a vacation that's why he looks healthy now. and republican strategist terry holt. good to see both of you. terry, i want to start with you. the most recent poll we have "the washington post"/pew says by a margin of about 2 to 1, americans say republicans in congress will be to blame if there's not a deal on the fiscal cliff. so is the speaker losing the fiscal cliff
with just 22 days until the fiscal cliff kicks in and we all go sailing off. we're hearing a lot of talk about talking between the president and the house speaker. apparently, these talks are behind closed doors because they're talking over or at or something not good at each other. here is president obama today in detroit on his plan to raise taxes on families making more than $250,000 a year. >> that's a principle i won't compromise on because i'm not going to have a situation where the...
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Dec 13, 2012
12/12
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the fiscal cliff. we want to talk to congressman james langford, a republican from the state of oklahoma. nice to have you with us, sir. we appreciate your time. >> thank you. >> you have in all seriousness been warned not to make plans for christmas. what do you think is the likelihood in fact that a deal would be done before christmas, number one? and what exactly are they telling you to do or not do? >> at this point we've been told by eric cantor and speaker boehner just to hold the schedule through the rest of the year. that's the same thing we heard right after the election. hang on to the calendar and we'll watch and see how this unfolds. obviously americans work through the holidays a lot and so as members of the house and senate, we'll continue to do that as well. >> how will it work low gistically. you're done today, right? the last working day, you're off tomorrow. do you go anyway and everybody is just on call meaning you'd be brought back to do some sort of a vote? >> americans loose track
the fiscal cliff. we want to talk to congressman james langford, a republican from the state of oklahoma. nice to have you with us, sir. we appreciate your time. >> thank you. >> you have in all seriousness been warned not to make plans for christmas. what do you think is the likelihood in fact that a deal would be done before christmas, number one? and what exactly are they telling you to do or not do? >> at this point we've been told by eric cantor and speaker boehner just...
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Dec 10, 2012
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christine, thank you. >>> 22 days until we fall over the fiscal cliff. some people have described it more as a gentle slide. there are reports of progress that might avoid disaster, the white house confirms that the speaker, john boehner and president obama met at the white house yesterday. both released statements basically they wouldn't say anything, but that "the lines of communication remain open." can we hope for a deal any time soon? cory booker, the mayor of newark, new jersey. nice to have you with us. >> very nice to be here. >> not part of the fiscal cliff discussions, apparently downo the two of them. what happens to your city if we go over the fiscal cliff? >> it's a real challenge for people all over my state, frankly. a lot of families in this tough economic time, seeing them having $2,000 or more on average of expenses of not enjoying tax cuts, will make a real impact. people barely making mortgage payments, falling behind on car payments this will be a difficult thing. and that will have a multiplier affect. people who don't have extra mo
christine, thank you. >>> 22 days until we fall over the fiscal cliff. some people have described it more as a gentle slide. there are reports of progress that might avoid disaster, the white house confirms that the speaker, john boehner and president obama met at the white house yesterday. both released statements basically they wouldn't say anything, but that "the lines of communication remain open." can we hope for a deal any time soon? cory booker, the mayor of newark,...
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Dec 31, 2012
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despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two-week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touch is what yahoo! needed. >> mother nature. an intense drought in the midwest that scorched the corn and soy crop, sending prices sky high. >> who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions a
despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users...
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Dec 5, 2012
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the fiscal cliff, the stuff to watch there is the tea party and
the fiscal cliff, the stuff to watch there is the tea party and
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Dec 31, 2012
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also, the u.s. is now going over that so-called fiscal cliff. that so-called fiscal cliff. much more on that as well. with so much noise abt health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast! [ male announcer ] stop the uh-oh fast with kaopectate. >>> you're in "the situation room." two breaking news stories we're following. secretary of state hillary clinton is hospitalized with potentially serious blood clot in her head. doctors have just revealed the location. also, america is just hours away from a massive tax hike and spending cuts, heading over the dreaded fiscal cliff. president obama says an agreement, though, is within
also, the u.s. is now going over that so-called fiscal cliff. that so-called fiscal cliff. much more on that as well. with so much noise abt health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health...
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Dec 6, 2012
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models on american with disabilities act which the u.s. passed 22 years ago. but 38 u.s. republican senators voted against the u.n. treaty leaving it 5 votes short of ratification. not even a rare visit by former republican senator bob dole who just before the vote made a difference. he's 89, appeared frail in his wheelchair. and dole, disabled from war injuries, came to the chamber to show support for this treaty. rick santorum led the charge against the treaty. he and some other republicans warned it would jeopardize u.s. sovereignty and personal freedoms. listen. >> the problem is, there's a provision in this international law which we would be adopting if the senate ratifies this that puts the state, the state in the position of determining what is in the best interest of a disabled child. >> i simply cannot support a treaty that threatens the right of parents to raise their children with the constant looming threat of state interference. >> the treaty could be used to interfere with the ability of parents with disabled children to decide what action is in the best in
models on american with disabilities act which the u.s. passed 22 years ago. but 38 u.s. republican senators voted against the u.n. treaty leaving it 5 votes short of ratification. not even a rare visit by former republican senator bob dole who just before the vote made a difference. he's 89, appeared frail in his wheelchair. and dole, disabled from war injuries, came to the chamber to show support for this treaty. rick santorum led the charge against the treaty. he and some other republicans...
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Dec 8, 2012
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will a failure by washington to avert the fiscal cliff mean catastrophe for the u.s. economy? i'll debate with richard quest next. zza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? (announcer) when subaru owners on elook in the mirror,y day! they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a
will a failure by washington to avert the fiscal cliff mean catastrophe for the u.s. economy? i'll debate with richard quest next. zza!!!!! [ garth ] olaf's small business earns 2% cash back on every purchase, every day! helium delivery. put it on my spark card! [ pop! ] [ garth ] why settle for less? great businesses deserve the most rewards! awesome!!! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase,...
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Dec 6, 2012
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it's 10:00 on the east coast and we begin with brooking news on the looming fiscal cliff. for the past few nights we've been telling you about the frustrating lack of progress to avert a deal on automatic tax hikes and spending cuts that kick in less than four weeks from now. poll after poll shows the american people want compromise but there weren't many signs that was going to happen, nothing was getting done. in a cnn/crc poll, 67% said washington officials would behave like spoiled children in the fiscal cliff discussions. only 28% said they would behave like adults. tonight signs that maybe some adult behavior might be prevail and a compromise might be reached. jessica yellen joins us, dana bash and david gergen. what's the latest? >> reporter: they are a long way from a deal, but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was
it's 10:00 on the east coast and we begin with brooking news on the looming fiscal cliff. for the past few nights we've been telling you about the frustrating lack of progress to avert a deal on automatic tax hikes and spending cuts that kick in less than four weeks from now. poll after poll shows the american people want compromise but there weren't many signs that was going to happen, nothing was getting done. in a cnn/crc poll, 67% said washington officials would behave like spoiled children...
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Dec 9, 2012
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the game of political chicken over the fiscal cliff is still being played in washington. why congress emptied out this weekend with no deal in hand. plus, what are the most intriguing images of 2012? from the disturbing to the hilarious, we'll look at the year that was. year that was. "your $$$$$" starts right now. -- captions by vitac -- www.vitac.com >>> congratulations, washington, you achieved nothing this week. this is "your $$$$$." last week, president obama's offer to avoid the fiscal cliff was laughed at by republicans. this week, the gop countererred. extend the bush tax cuts to everyone, including the rich. revenue, cost savings, cutting, whatever you want to call it from vague areas such as closing, special interest loopholes and deductions, savings from health care and cuts in discretionary spending. other than that, no specifics. president obama wasn't feeling it. he said the gop must agree to one thing to get anywhere close do a deal. >>. >> wee going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> spe
the game of political chicken over the fiscal cliff is still being played in washington. why congress emptied out this weekend with no deal in hand. plus, what are the most intriguing images of 2012? from the disturbing to the hilarious, we'll look at the year that was. year that was. "your $$$$$" starts right now. -- captions by vitac -- www.vitac.com >>> congratulations, washington, you achieved nothing this week. this is "your $$$$$." last week, president obama's...
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Dec 3, 2012
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we've been really focused today on the fiscal cliff. syria another big story we're following as well. >> i know you got a tour coming up in l.a. not in new york. what's that about? >> i'm starting small in l.a. it's called the kamau uprising. bring a friend of a different race you get in two for one. >> oh, i love that. that's very nice. nan, what you got for us? >> i listen to kamau and barbara talk about the opportunities we have for harmony and for bettering our world. we have a lot of challenges around the world. and people all over the world look to the united states, think about the china house with the mothers, for us to be the leaders, for us to have the strongest economy and the best in the world. >> what are you thinki ithey th sit here and fight over the fiscal cliff still years in. >> we will resolve this. we always have. i hope that americans will think about what has made us strong. and it is individual initiative. us helping each other in our communities. having a government that respects us. and that's the right size. an
we've been really focused today on the fiscal cliff. syria another big story we're following as well. >> i know you got a tour coming up in l.a. not in new york. what's that about? >> i'm starting small in l.a. it's called the kamau uprising. bring a friend of a different race you get in two for one. >> oh, i love that. that's very nice. nan, what you got for us? >> i listen to kamau and barbara talk about the opportunities we have for harmony and for bettering our...
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Dec 4, 2012
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fiscal cliff, amazement and dismay. i've heard it again and again. >> toes are the two words i focused on, amazement and dismay, and my question comes is he making any changes for fedex? >> companies need clarity. and even in the third quarter gdp report you can see that companies holding back on computer purchases, on equipment purchases, because they don't know what's going to happen next year. if there's going to be a recession or not. can i tell you, not to know whether you're going to have a recession is such an uncertainty for your families. christmas spending. how do you do holiday spending if you don't know what kind of tax refund you're going to get? congress is in a sticky spot here. the mood was pretty grim in washington yesterday when i was there for that interview. a lot of folks were saying they're not making plans for the holidays. washington insiders. because they think that they're going to be doing this down to the very last minute. >> i know you were dismayed saying that typically behind the scenes, a
fiscal cliff, amazement and dismay. i've heard it again and again. >> toes are the two words i focused on, amazement and dismay, and my question comes is he making any changes for fedex? >> companies need clarity. and even in the third quarter gdp report you can see that companies holding back on computer purchases, on equipment purchases, because they don't know what's going to happen next year. if there's going to be a recession or not. can i tell you, not to know whether you're...
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Dec 27, 2012
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reform and tax reform and avoiding the fiscal cliff. it's a reminder of the division and disfunction in d.c. the crippling disconnect from the common sense concerns of the american public. piers morgan is next. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound during the final hundred hours of the ford year end celebration. only at your local ford dealer. has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. to the best vacation sp(all) the gulf! what's the rush? it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalr
reform and tax reform and avoiding the fiscal cliff. it's a reminder of the division and disfunction in d.c. the crippling disconnect from the common sense concerns of the american public. piers morgan is next. and one more thing...hurry. get a focus with 2000 cash plus 500 year end bonus cash with no charge sync and sound during the final hundred hours of the ford year end celebration. only at your local ford dealer. has oats that can help lower cholesterol? and it tastes good? sure does! wow....
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Dec 26, 2012
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stock market, despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. our money has been in the market, the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its fist day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest that scorched the corn and bean crops. who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it.
stock market, despite all the worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. our money has been in the market, the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its fist day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the...
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Dec 27, 2012
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"outfront" tonight -- welcome. >> first for you, the fiscal cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too divisive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together, even with a gun at their head? >> because they don't get along. i think it may have been naive of some of us to think that the election was going to be the magic formula and they would play well in the sand box after the election. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on gun control. it's going to be the american public demanding action on immigration because we have to force them to act. >> but american public also has to stop acting as if they play no role in this. when
"outfront" tonight -- welcome. >> first for you, the fiscal cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too divisive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together, even with a gun at their head?...
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Dec 3, 2012
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tired of hearing this term fiscal cliff? oh. it turns people off. they don't understand it. doesn't tell you how serious the situation is. they need more colorful metaphors. you know what i'm saying? here's how they should explain it. it's 4:00 a.m. for our economy, and lindsay lohan is behind the wheel. that says danger. people understand that. they understand that. >> everyone in l.a. goes nuts when it rains. oh, no it's raining! it's never been this bad before! people are taking shelter under meg ryan's lips, the whole city -- the whole city smells like a wet kardashian! it's panic here! lindsay lohan went to jail just to stay dry! >> "early start" continues right now. >>> the kansas city chiefs pull off a win the day after one of their own commits suicide. we have new details about his death, the murder of his girlfriend and what happens now to their 3-month-old baby. >>> flooding hits california in a major way. >>> and an entire town is evacuated this morning, but why? we'll tell you in just two minutes. good morning. w
tired of hearing this term fiscal cliff? oh. it turns people off. they don't understand it. doesn't tell you how serious the situation is. they need more colorful metaphors. you know what i'm saying? here's how they should explain it. it's 4:00 a.m. for our economy, and lindsay lohan is behind the wheel. that says danger. people understand that. they understand that. >> everyone in l.a. goes nuts when it rains. oh, no it's raining! it's never been this bad before! people are taking...
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Dec 31, 2012
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stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. the stock has yet to climb its way back to the ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced she was just going to take a two week maternity leave as she tried to turn this company around. 37 years old, it looks like a mother's touch is what yahoo needed. >> mother nature. an intense drought in the midwest that scorched the corn and sky crop sending prices sky high. who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> china. is china slowing or leading the world. we kn
stock market, despite all those worries about the fiscal cliff and slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. smart money's been on the market, the rest of us are worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. the stock has yet to climb its way back to the ipo price. >> number seven, mother meyer. the new...
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Dec 10, 2012
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cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this identical statement, saying this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff. we're not reading out details of the conversation, but the lines of communication remain open. cnn's dan lothian is at the white house this morning. dan, i guess the fact that the lines of communication are open is a good sign. >> reporter: that's rig
cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the...
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we hit the fiscal cliff. the president is cutting short his hawaiian vacation to go back to work. we'll look at whether a deal is likely to get done. >>> and not what people in alabama wanted for christmas. tornadoes ripped through the south. >> i prayed to god as loud as i could and i was just praying for my safety. and i knew that -- i prayed that the church stayed put. rsal] ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! >>> we told you last hour president obama is spending his last few hours in hawaii before returng early to washington. he's expected to arrive tomorrow, just five days ahead of the fiscal cliff, which includes an across the board tax hike that congress has tried but failed to undo. cnn's dana bash is with us from washington, our senior
we hit the fiscal cliff. the president is cutting short his hawaiian vacation to go back to work. we'll look at whether a deal is likely to get done. >>> and not what people in alabama wanted for christmas. tornadoes ripped through the south. >> i prayed to god as loud as i could and i was just praying for my safety. and i knew that -- i prayed that the church stayed put. rsal] ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's...
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the fiscal cliff. we go live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get slammed by that storm. at least seven traffic-related deaths in four states are blamed on this crazy severe weather. as the storm barrelled through the plains and the great lakes, more than a foot of wet, heavy snow fell in parts of iowa and wisconsin. there were hundreds of flights canceled right at the height of the holiday travel, as you very well know. check this out. power lines sparking. look at that. and snapping. >> holy -- wow. >> and the storm's worst, 400,000 power customers in the region had no electricity. that number was down
the fiscal cliff. we go live to washington. the very latest details. >>> and michael phelps' pick for the athlete of the year. this is a surprise. this guy, he never wins anything. good morning. welcome to "early start," everyone. i'm john berman. >> i'm zoraida sambolin. it's nice to have you with us. it is early, 5:00 a.m. in the east. the fury of the first winter storm is making holiday travel very difficult if not impossible. today new england is expected to get...
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as the fiscal cliff looms. president obama and speaker boehner meet again 18 days to go. >> push comes to shove on the floor of parliament. how this brawl broke out between members of the same party. it's not even partisan bickering. this is the same party. >> that's depressing. >> the good news is it's not part of the big ring. >>> it is 30 minutes past the hour. >> our breaking news this morning. a major development in the syrian civil war and the new level of u.s. involvement. overnight defense secretary leon panetta signed an order sending two patriot missile batteries to turkey to assist that nation in defending against any possible military action by syria. this move was expected as syrian civil war destabilizes the assad regime with each passing day. 400 u.s. troops are going to be deployed to operate these missile batteries. turkey, of course, borders syria and thousands of rebels and refugees from syria have fled to turkey for safety. >>> president obama and house speaker john boehner meeting for nearl
as the fiscal cliff looms. president obama and speaker boehner meet again 18 days to go. >> push comes to shove on the floor of parliament. how this brawl broke out between members of the same party. it's not even partisan bickering. this is the same party. >> that's depressing. >> the good news is it's not part of the big ring. >>> it is 30 minutes past the hour. >> our breaking news this morning. a major development in the syrian civil war and the new level of...
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Dec 26, 2012
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>>> fears of the fiscal cliff are taking some of the holiday cheer right out of wall street. cnn's alison kosik watching the post-christmas trading as well as a threat to the economy that could come even sooner than the cliff? let's start with the stocks, though. >> reporter: yes, stocks, very quiet today, very quiet session. not many investors in the game today. expect that to be the case the rest of the week. the fun tny thing, this is usuay the time we see the santa claus rally. the dow down 46 points. no deal on the if i'm not mistaken. that's spoiling the rally so far. it could be worse, though. we've seen much harsher reaction to all the congressional shenanigans in the past that could be a sign the economy is in better shape this time around. the s&p 500 is still on track for a 13% gain for the year. >>alison, what's the container cliff? >> reporter: the container cliff could be serious stuff. it could be a major threat to the economy. but it's also something that can be avoided. this container cliff is the name the national retail federation has given to this situatio
>>> fears of the fiscal cliff are taking some of the holiday cheer right out of wall street. cnn's alison kosik watching the post-christmas trading as well as a threat to the economy that could come even sooner than the cliff? let's start with the stocks, though. >> reporter: yes, stocks, very quiet today, very quiet session. not many investors in the game today. expect that to be the case the rest of the week. the fun tny thing, this is usuay the time we see the santa claus...
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we'll go off the fiscal cliff, down the fiscal slope. yes i think it will happen because it is the one way republicans can, without violating the pledge, and offending the grand inquisitor grover norquist, it's the one way they can let this happen. >> and, in fact, you know, what could happen, you can imagine a scenario where you go off the cliff on taxes, rates go up for everybody, you then vote to restore the rates for the vast majority of taxpayers, 98%, and further it is even conceivable you negotiate down the top rates in the level under bill clinton a little bit by putting in the pot offsetting deductions for credits which would allow republicans to claim some sort of victory as well. that could be a scenario where you have a consensus on the tax run. >> let's run all of this by representative xavier becerra of california. he's joining us now. nice to see you, sir 367 appreciate your time. what is really the white house dismiss kind of out of hand i mean i don't have the exact number of minutes that they had this republican proposa
we'll go off the fiscal cliff, down the fiscal slope. yes i think it will happen because it is the one way republicans can, without violating the pledge, and offending the grand inquisitor grover norquist, it's the one way they can let this happen. >> and, in fact, you know, what could happen, you can imagine a scenario where you go off the cliff on taxes, rates go up for everybody, you then vote to restore the rates for the vast majority of taxpayers, 98%, and further it is even...
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has nothing to do with the fisc fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i think tom coburn thinks it's going to happen. i wanted to play a bite from him and get your reaction. here he is. >> sure. >> i'm okay to compromise even on some of my issues, if, in fact, we'll solve the problem. but what we have is a game being played for political -- for the extreme right wing and the extreme left win rather than coming together and leading and solving the problem. >> so grover norquist. if you had to accept the tax rates would go up, all right, just they're going to go up and they're going to go up on somebody. what would you re
has nothing to do with the fisc fiscal cliff. but it has everything to do with obamacare. >> now, it is true that a lot of those taxes did take place after the election. that's something we pointed out and is a fair point. but let me just ask you about the compromise we have to go to. because like i said, again, to get this done, taxes are -- i mean, they're going to go up on somebody. i just believe that this is what is going to happen. i think tom cole thinks it's going to happen. i...
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i've given you my take on infrastructure and the fiscal cliff. why are you listening to me? millennials are the future and i have remarkable answers to change the way you think about work and life. i'll tell you about it on the other side. you're watching "your money." >>> if you want a survival manual for the new american economy, pay attention to the kids. i recently moderated a panel discussion on millennials, those born after 1981, and i discovered that those of us with gray or no hair can learn a good deal from generation y, as they're called. seismic economic shifts in an era of permanent freelancing, disruptive technology and nonstop globalization mean that the job security that older generations were accustomed to is now gone. according to the department of labor, the average worker now stays at his or her job for just 4.6 years. so you've got to be flexible to survive. second, you'll need more training. these kids are the most educated bunch in history, and they will assume that they need more education in the future. this economy handed millennials lemons, so they'
i've given you my take on infrastructure and the fiscal cliff. why are you listening to me? millennials are the future and i have remarkable answers to change the way you think about work and life. i'll tell you about it on the other side. you're watching "your money." >>> if you want a survival manual for the new american economy, pay attention to the kids. i recently moderated a panel discussion on millennials, those born after 1981, and i discovered that those of us with...
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despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock which has yet to climb its way back to its ipo price. >> number seven, mother meyer, the new ceo of yahoo!. 37 years old. looks like a mother's touch is just exactly what yahoo! needed. >> number six, mother nature. an intense drought in the midwest that scorched the soy and corn crop sending prices sky high. who could forget superstorm sandy. neighborhoods swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china s
despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users...
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and avoid the fiscal cliff. that's coming up in just a little bit. >>> we also can't leave seattle without taking note of another huge milestone in washington state. voters legalized same-sex marriage last month too so today here's the picture. midnight on the dot clerks handed out marriage licenses and those were the first two in line. they met on a blind date back in 1977 and they never thought that they would live to legally wed amongst all of these other people who showed up for their legal licenses in seattle. by the way, the ceremony of those elderly ladies like many others will take place this sunday. ♪ [ male announcer ] shift the balance of power decisively in your favor. the exclusive eight-speed transmission and rotary shifter in the new 2013 ram 1500. engineered to move heaven and earth. guts. glory. ram. yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil®
and avoid the fiscal cliff. that's coming up in just a little bit. >>> we also can't leave seattle without taking note of another huge milestone in washington state. voters legalized same-sex marriage last month too so today here's the picture. midnight on the dot clerks handed out marriage licenses and those were the first two in line. they met on a blind date back in 1977 and they never thought that they would live to legally wed amongst all of these other people who showed up for...
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and actually not go over the fiscal cliff? >> congress can go home for a vacation, but they will be sitting by the phones. we spoke with nan hayworth who said she can come back. they will come back at a moment's notice. still time to make this happen, 20 days. i suggest they get working, though. 54 minutes past the hour. best advice from ed burns, coming up. >>> and, ahead, on "starting point," the launch that surprised the world. reaction to north korea's brazen rocket move. alright, family photo. charlie! stop punching your brother. he asked me to! hey, sarah, stop texting, and look at your dad. i can do two things at once. ok, well just look at your dad, so he can get this shot. i'm going to be a ninja! (chaos & noise) got it. what? yeah, i got it, come here. nobody move, especially you, charlie. how'd you do that? automagically. let's eat. combine pictures with best face. on the new samsung note ii. for a limited time, get two flip covers for the price of one, exclusively at verizon. ♪ ♪ [ male announcer ] everyone des
and actually not go over the fiscal cliff? >> congress can go home for a vacation, but they will be sitting by the phones. we spoke with nan hayworth who said she can come back. they will come back at a moment's notice. still time to make this happen, 20 days. i suggest they get working, though. 54 minutes past the hour. best advice from ed burns, coming up. >>> and, ahead, on "starting point," the launch that surprised the world. reaction to north korea's brazen rocket...
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the fiscal cliff, still looming. spending cuts and tax hikes that could shove our economy into recession. and a deadline lawmakers ignored until the very last possible minute. live pictures now of the capitol. looks beautiful. man, but there's a lot of wrangling going on there. lawmakers are back up -- had their backs up against the wall right now. and as they try to find a plan that can pass congress. let's hope they do. cnn's chief white house correspondent is jessica yellin. she is following the negotiations, working very hard on this saturday. so jess, democrats and republicans are supposedly working on a plan, even as we speak. what do we know about it? >> reporter: well, we know, don, that it's the senate leaders that are hashing this out. and what they're looking to negotiate is a deal that would extend current low tax rates for middle income americans. we don't know the exact threshold levels. so would it be people who make $400,000 and less, would it be $250,000 and less. but something that would extend low
the fiscal cliff, still looming. spending cuts and tax hikes that could shove our economy into recession. and a deadline lawmakers ignored until the very last possible minute. live pictures now of the capitol. looks beautiful. man, but there's a lot of wrangling going on there. lawmakers are back up -- had their backs up against the wall right now. and as they try to find a plan that can pass congress. let's hope they do. cnn's chief white house correspondent is jessica yellin. she is following...
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Dec 22, 2012
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why is chained cpi so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would foifly cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. but the problem is that what that means is that senior, the longer they live, the less money they would actually take home. they would see a cut to their benefits. >> this was a concession from the democrats or was it just an accounting fix? >> it is both of those things. some democrats i spoke to said, look, maybe i would consider this, but only if we could have some sort of amerimechanism tha senior past age 85 would be facing a 6% or 8% cut in benefits, maybe there would be an adjustment to make sure especially for people who are very poor that there'd be some sort of safety net. you know, paul krugerman has said this is a horrible idea, terrible, stupid idea, and this is not something the white house should consider. >> let's bring back the rest of the panel. mohamed el-erian, ceo of pimco. mark zandi with moody's. m
why is chained cpi so vital to the fiscal cliff negotiation? it isn't a spending cut or a tax hike, but it would foifly cut spending and raise taxes on some, saving the government an estimated $300 billion over the next decade. but the problem is that what that means is that senior, the longer they live, the less money they would actually take home. they would see a cut to their benefits. >> this was a concession from the democrats or was it just an accounting fix? >> it is both of...
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fiscal cliff. es it d to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta
fiscal cliff. es it d to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher...
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u.s. stock futures are up slightly but worries about the fiscal cliff persist. the s&p 500 snapped a "360" day winning streak despite modest economic data. the s&p is still up almost 13% this year. starting to be some worries going over the fiscal cliff we'll see a return of some of the gains. >>> ben bernanke says the fed stimulus will continue until the jobless rate falls to 6.5%, a full percentage point from where we are right now. to get there in one year one economist told cnn money we need to create 270,000 jobs a month. to get there in two years we need 200,000 jobs per month. the growth right now about 150,000 a month so growth at that rate is unlikely. it could mean at this rate it could take until 2018 to reach 6.5% unemployment. if hiring stays like it right now the job won't turn into a pre-recession 5% until 2025. >> bernanke is saying they'll keep the rate at that level until then. >> they'll keep interest rates low and keep stimulating until we get back to 6.5%, so that means the fed will keep propping things up as long as they can. >>> still ahea
u.s. stock futures are up slightly but worries about the fiscal cliff persist. the s&p 500 snapped a "360" day winning streak despite modest economic data. the s&p is still up almost 13% this year. starting to be some worries going over the fiscal cliff we'll see a return of some of the gains. >>> ben bernanke says the fed stimulus will continue until the jobless rate falls to 6.5%, a full percentage point from where we are right now. to get there in one year one...
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fiscal cliff? is it a slope, maybe? he said, no, it's a fiscal can cliff because the economy will hit a brick wall if there is not a deal in january. he says it is not hype. >> he's basically saying if we go over the fiscal cliff, if these lawmakers and white house doesn't make a deal, it could lead to a recession? >> that >> reporter: that's right. we could hit another recession if we go over the fiscal cliff. >>> shoppers that dive for cover as a gunman opens for cover in an oregon mall. we're going to give you the latest details, including the newly released identity of the man. >>> internet pioneer john mcafee is on his way back to the united states. kate bolduan is monitoring that story and others. >> guatemala officials escorted him to the airport and he boarded the plane to miami after a deportation order from guatemala. he is wanted for questioning in belize over the death of a neighbor. we've been following his story pretty closely. mcafee was held in guatemala for a week. he made his fortune from the anti-viru
fiscal cliff? is it a slope, maybe? he said, no, it's a fiscal can cliff because the economy will hit a brick wall if there is not a deal in january. he says it is not hype. >> he's basically saying if we go over the fiscal cliff, if these lawmakers and white house doesn't make a deal, it could lead to a recession? >> that >> reporter: that's right. we could hit another recession if we go over the fiscal cliff. >>> shoppers that dive for cover as a gunman opens for...
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be enough to undo the fiscal cliff. >> i hope it won't happen, if the fiscal cliff occurs, as i said many times, i don't think the federal reserve has the tools to offset that event. >> it was ben bernanke who first said fiscal cliff in a speech. another thing i want to bring to you, this report from mcafee warning about a potential widespread raid on your bank account by trojan malware in 2013. it's called projemalware target your bank account to siphon money out of bank accounts from 30 of the biggest banks, including these and fidelity, e-trade, charles schwabb, pay pal. this is a big problem. this is the second security firm that warned they found the fingerprints of this just lying on your hard drive waiting to come back to bite you. so as you can imagine, the banks, the security firms, everyone scrambling to figure out how they'll be able to undo it, if they can. a warning there about this. >> so even if we beat the apocalypse, the fiscal cliff, we're all still hosts. >> suspend your money now. just kidding. >> barbara walters called it the elephant in the room. chris christie
be enough to undo the fiscal cliff. >> i hope it won't happen, if the fiscal cliff occurs, as i said many times, i don't think the federal reserve has the tools to offset that event. >> it was ben bernanke who first said fiscal cliff in a speech. another thing i want to bring to you, this report from mcafee warning about a potential widespread raid on your bank account by trojan malware in 2013. it's called projemalware target your bank account to siphon money out of bank accounts...
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hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and addresses of people who have gun permits. the interactive map was created with information available publicly. it pinpoints the location of legally licensed permit holders for handguns. we reached out for a statement from the newspaper, it sent us this, "the massacre in newtown, connecticut, remains at top-of-mind for many of our readers. or readers are understandably and keenly interested to know about who owns guns in their neighborhoods." scott summervila is president of the westchester new york fire owner association. he is on the list and joins me th
hanging over all of this is the fiscal cliff. although we're still in the middle of wondering what congress is going to do about it, companies are already holding back hiring so that is clearly impacting the jobs market but the good news once again is the layoffs are slowing, down 12,000 to 350,000 last week. carol? >> thank you very much, washington. alison kosik thank you so much. >>> growing outrage over the decision of a new york newspaper to publish a map with the names and...
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and the president act so-called fiscal cliff. on the senate floor today, top senate democrat, here he was, harry reid, said the republican counteroffer unveiled yesterday is a serious proposal. reid called the offer a nonstarter. his word. but a serious proposal nonetheless. in an interview just today with bloomberg tv, president obama did not reject the gop offer outright. officials have called it a step backward, not worthy of a counteroffer. but, you know, bottom line here, you have two sides they appear to be pretty far apart with no new negotiations happening at least not to our knowledge. so, with me now from capitol hill is representative peter wel welch. democrat from vermont. good to see you. thanks for coming on. >> thank you. >> so let me just pose this one to you. you just heard harry reid, would you agree with harry reid the plan offered yesterday by that house speaker is, quote unquote, a serious plan? >> well, you know, i don't know the details of it. it is $800 billion supposedly in revenues and it is a lot of med
and the president act so-called fiscal cliff. on the senate floor today, top senate democrat, here he was, harry reid, said the republican counteroffer unveiled yesterday is a serious proposal. reid called the offer a nonstarter. his word. but a serious proposal nonetheless. in an interview just today with bloomberg tv, president obama did not reject the gop offer outright. officials have called it a step backward, not worthy of a counteroffer. but, you know, bottom line here, you have two...
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it has everything to do about the fiscal cliff. and it's happening behind closed doors. and what is said in public does not seem to clear anything up. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff, and the more american jobs are placed in jeopardy. >> so what's really going on behind the scenes? earlier i spoke with republican senator jeff sessions, who's been asking the same question, and i asked him how much he, as the ranking member of the senate budget committee, actually knows about what's going on. >> very little. almost nothing, frankly. i mean, i learned from sources that the speaker was disappointed and things were not moving forward as well as he seemed to have indicated right there in those public remarks. but otherwise, really, we don't know. and the people that are losing in this process, this secret process, are the american people. they'll be the ones asked to pay more taxes. they may be the ones that are asked to tighten their belts. and they need to know what the choices are and what we're wrest
it has everything to do about the fiscal cliff. and it's happening behind closed doors. and what is said in public does not seem to clear anything up. >> the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff, and the more american jobs are placed in jeopardy. >> so what's really going on behind the scenes? earlier i spoke with republican senator jeff sessions, who's been asking the same question, and i asked him how much he, as the...
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washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time, early in the morning on the east coast and returning to the d.c. area on thursday. as the senate is set to reconvene and all eyes really are looking there to see what senate majority leader harry reid can cobble together in order to get republican support to avoid the fiscal cliff. he'll also have to put together something that will get republican support in the house. this is a last-ditch effort and will be obviously very difficult if it succeeds at all. at this point, the white house still wants that threshold for income tax rates to be at 250,000. it's unclear, exactly what the senate propos
washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time, early in the morning on the east coast and...
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three weeks until the fiscal cliff deadline. the man leading the republicans here hits the floor of congress today, to deliver what many americans are hoping will be a major development. so take a look. >> a lot of people know the president and i met on sunday. a nice meeting. cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's spending cuts? the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> no news. zip, no agreement still. we'll let you know if something significant happens. >>> developing now, hugo chavez undergoing surgery in cuba today. an operation that we're told was, quote/unquote, delicate. the venezuelan president's current health is a bit of a mystery. we do know he had surgery last year to remove a cancerous tumor. it is not yet clear what kind of operation he had today. updates as we get them. >>> in egy
three weeks until the fiscal cliff deadline. the man leading the republicans here hits the floor of congress today, to deliver what many americans are hoping will be a major development. so take a look. >> a lot of people know the president and i met on sunday. a nice meeting. cordial. but we're still waiting for the white house to identify what spending cuts the president is willing to make as part of the balanced approach that he promised the american people. where are the president's...